(214-810-1102) Perfect Small Apartment Starter In Desirable Area, Indianapolis, IN For Sale

  • $470,000

Collect $7,150/month OR MORE on this 9 Unit Property in Indianapolis, IN!
** Desirable Area! Cash Cow Conversion! **

• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?
• Tired of competing over single-family units?

For less than the price of many Single Family Homes, you can have 9 income-producing units!

PRICED TO MOVE QUICKLY: $470,000
Don’t miss out!

This multifamily property offers multiple money-generating strategies:

 Pro forma cap rate 9.54%
 Area cap 6.5-7.6%!
 Stable property
 Condo conversion or upgrade to B class!
 Perfect small apartment starter
 Room for rent increases with rehab
 Great unit mix
 Priced to MOVE!
 Area home values averaging $650,000.
 Even more possible value plays!

This is an off-market deal.

Call 214-810-1102 to request Property Package

 

 

Price:
$470,000
Address:
2320 E 12th St
Indianapolis, IN 46201
Terms:
For Sale
Property Type:
Multi-family

Property Location